Elio Crowdfunding

[Ekh]

Meh...I read once someone suggested as punishment...jail. But their days would be spent on a creaky old 8086 processor pc hooked to a 2400 baud modem sending out apologies for doing their misdeeds.

Perfect! "Let the punishment fit the crime, the punishment fit the crime." (Gilbert & Sullivan, Mikado)

 

[AriLea]

It seems that these pledge amounts start to roll in as soon as 5-6pm hits on the east coast.
It's all of less intense interest ( to me ) since the goal was met at 110%. But I suppose the possible new money above $25m has the potential to offset some of the production set-up costs.
Anyway, yawn... now 27,595,294

Got to start correcting my Elio ID's Quote=>
Elio Motors just announced in an email that P6-P30 will now be called E1-E25.
So the P5 is 'P5'
and the P6 is actually the E1.

 

[LillyMayPatterson #1685 & #5648]

Went through Detroit twice today to Port Huron to pick up father in-law's dog. Dad is in hospital. So for the next couple of weeks we're going to be a two dog family. If I had spend the night I would of been tempted to go snooping. But I wasn't about to do it in the dark of night. I visited Dad and grabbed the dog, turned around and drove six hours back home. I am so looking forward to Woodward dream cruise with granddaughter (s), in two weeks. I did notice that the exit to Woodward ave is closed (coming from the north on 75). The whole Michigan freeway and OHIO T-Pike is under construction and a big mess. Lots of accidents on my way in, some pretty horrible. But, it was traffic hour then too. Glad to be home. YOU guy missed me. I'm glad I am not a hacker. OH MY !!! It's time to wake up and I am just now going to bed. I love traveling. Can't wait for our Elios. Night All and Good Morning to you all.

 

[Ekh]

$27,619,044 at 8:30 AM Weds. 7,438 participants.

 

[Ekh]

Went through Detroit twice today to Port Huron to pick up father in-law's dog. Dad is in hospital. So for the next couple of weeks we're going to be a two dog family. If I had spend the night I would of been tempted to go snooping. But I wasn't about to do it in the dark of night. I visited Dad and grabbed the dog, turned around and drove six hours back home. I am so looking forward to Woodward dream cruise with granddaughter (s), in two weeks. I did notice that the exit to Woodward ave is closed (coming from the north on 75). The whole Michigan freeway and OHIO T-Pike is under construction and a big mess. Lots of accidents on my way in, some pretty horrible. But, it was traffic hour then too. Glad to be home. YOU guy missed me. I'm glad I am not a hacker. OH MY !!! It's time to wake up and I am just now going to bed. I love traveling. Can't wait for our Elios. Night All and Good Morning to you all.

Hope things are OK on the family side of things.

 

[Jeff Porter]

It seems that these pledge amounts start to roll in as soon as 5-6pm hits on the east coast.
It's all of less intense interest ( to me ) since the goal was met at 110%. But I suppose the possible new money above $25m has the potential to offset some of the production set-up costs.
Anyway, yawn... now 27,595,294

Got to start correcting my Elio ID's Quote=>
Elio Motors just announced in an email that P6-P30 will now be called E1-E25.
So the P5 is 'P5'
and the P6 is actually the E1.

Atta boy!

 

[bowers baldwin]

 

[AriLea]

Averaging this week at about $150k everyday. So at that rate by the 15th the reservations would total $29mil. Just on that basis alone, it would seem that the SEC submission could be anywhere from 29mil to 50mil. ( not an estimate or guess, that's just the range available )

 

[bowers baldwin]

 

[Ty]

Averaging this week at about $150k everyday. So at that rate by the 15th the reservations would total $29mil. Just on that basis alone, it would seem that the SEC submission could be anywhere from 29mil to 50mil. ( not an estimate or guess, that's just the range available )

They can't go to $50M because they've already raised funds with that 501C (I know I got that number wrong) effort. Unless I read the rules wrong, the company can only use the current fund raiser to get "up to" a total of $50M through fund raising efforts.